Keeping up with standards and regulation is the biggest challenge facing SMPs. Mats Olsson, Member, IFAC Small and Medium Practices Committee, presents this and additional insights from the IFAC SMP Quick Poll, in addition to tips for audit efficiency, at the KibR Seminar in Warsaw on November 7, 2013.

The Professional Accountants in Business Committee submitted this comment letter on the International Ethics Standards Board for Accountants (IESBA)'s Consultation Paper: Proposed Strategy and Work Plan, 2014-2018.

Highlights from the IPSASB's September 16-19, 2013, meeting in Toronto, Canada. 

:32 - Accounting for Social Benefits
1:45 - Status of Consultation Paper on IPSASB strategy
2:45 - Exposure Draft - Elements and Recognition in Financial Statements
4:55 - Exposure Draft - Measurement of Assets and Liabilities in Financial Statements
5:25 - Exposure Draft - First-time Adoption of Accrual Basis International Public Sector Accounting Standards
7:25 - Update on IPSASs 6-8
10:00 - Chair and Deputy Chair Final Remarks

The SMP Committee submitted this comment letter on the International Ethics Standards Board for Accountants (IESBA)'s Consultation Paper: Proposed Strategy and Work Plan, 2014-2018.

Highlights from the IPSASB's December 2-5, 2013, meeting in Ottawa, Canada. 

:22 – IASB and IPSASB Conceptual Frameworks
2:00- Conceptual Framework: Elements and Recognition
4:00 - Conceptual Framework: Measurement and Conceptual Framework: Presentation
6:26 - Exposure Draft for Recommended Practice Guideline: Service Performance Information 
7:57 – Emissions Trading Schemes
9:41 - Update on IPSASB members
10:33 – Chair’s 2014 Outlook